It seems that during the replica market, many early investors are reducing their positions👻

In the past three years, a whale who gradually built a position of 546,000 $UNI charged $3.91 million worth of UNI to #Binance an hour ago, with a cost of $7.54. If sold, it would yield a profit of $2.35 million.

It is important to note: this is the first sell/recharge action from this address since holding UNI for three years; currently, they still hold $6.5 million worth of UNI💡

The decline in a bull market is more distressing than the rise

Because a decline in a bull market retracts profits, while a decline in a bear market feels light and breezy, as hope has already been lost.

The emotional intensity generated by losing something already obtained can even be greater than that of just obtaining it; the thrill of sudden wealth only scores 70-90 points, while the emotional blow of losing it all after becoming wealthy scores 190-200 points;

This also explains why profit retracement is more difficult to bear than being stuck in a position...

One of the strongest aspects of a bull market is that there will always be someone washed out by this emotional mechanism, and if the bear market arrives early, everyone enters a state of being stuck and lying flat, making it impossible for the main players to offload their positions, and even harder to get these people to relinquish their chips at the bottom...

Therefore, some people prefer being stuck in a position compared to profit retracement; over time, they even develop a habit of feeling uncomfortable when not stuck.

After all, profit retracement is a process of gradually losing hope, while being stuck in a position is a process of waiting for hope to appear. The former has high expectations, while the latter does not; compared to each other, the latter is more comfortable and also easier to lose money;

In the trading world, there is no comfortable position. If you find yourself feeling comfortable while holding a position, then you are not far from profit retracement.

Zhang San said that he and his uncle collaborated to specifically target U merchants with cash, setting traps for them. The whole case process involved Zhang San connecting with a capital platform, claiming he wanted to invest. The capital platform told Zhang San that to invest, he needed to use U. Zhang San then said he didn’t have any U, and the capital platform told him that they knew U merchants who could arrange cash transactions for USDT.

Then the capital platform found U merchants to come to Zhang San for a cash transaction. The U merchant gave Zhang San U, and Zhang San gave the U merchant cash. After Zhang San handed over the cash, the U did not transfer to the capital platform but instead reported to his uncle, claiming that both his U and money were defrauded. He then sought the help of his cooperating uncle. A few days later, the cooperating uncle apprehended the U merchant, seizing 2 million cash due to the U merchant's suspected concealment crime, and later split the proceeds with Zhang San.

If this case is true, the actions of Zhang San and his uncle constitute fraud, and the amount defrauded exceeding 500,000 could result in a sentence of over 10 years, with the maximum being life imprisonment. Some people say that the way Zhang San and his uncle cooperated is essentially a disguised robbery. Moreover, Zhang San's actions could also constitute the crime of abusing power for personal gain, wrongfully accusing the innocent U merchant of concealment crimes. Zhang San would be considered an accomplice, facing cumulative penalties, with a maximum of life imprisonment. #OceanFishing #UMerchant #CapitalPlatform

🦋DePIN leader IoTeX on-chain DEX mimo, izumi opened mining pools🌊!!!

Old public chain🔗Safe on-chain environment🔐Stable incomeNo pledge, no rug

Orbiter small flying saucer chooses IoTeX chain to easily cross 🏃chain USDC operation is simple and even novices can join
Hold 100 USDT to mine mimo mining pool with an annual yield of up to 700% and a daily yield of 2%
Izumi mining pool has an annual yield of up to 900% and a daily yield of 2.5%

✨mimo mining pool:
mimo.exchange/farm
✨Izumi mining pool:
izumi.finance/farm/iZi/dynam…
✨Small flying saucer cross-chain: orbiter.finance/?source=Arbitr…

This wave of Dexx thefts has hit the meme sentiment on the chain, which is equivalent to pouring a bucket of water directly on the heads of retail investors.

This is bad news for all projects in the chain bot track, and no one can guarantee that they will not become the next one. Without a sense of security, no one will dare to take a position.

If the chain meme enters winter, will it be good for the memes in the big exchange Cex? At least you don’t have to worry about meme theft on Bn and OKX🤧

Solv joins hands with Binance Web3 Earn project to launch exclusive Bitcoin rebate plan, with a prize pool of up to 300,000 US dollars! 🔥🔥🔥

Baby, Solv joins hands with Binance Wallet to launch a super powerful Bitcoin rebate event, with a total prize pool of up to 300,000 US dollars.

💜Solv Protocol, a DeFi protocol favored by Binance Labs, has now exceeded the 2.5 billion US dollar mark in TVL, leading the Bitcoin field. Users only need to mint SolvBTC by staking BTCB to win generous Solv points rebates. Now use Binance Web3 wallet to participate in the event, and you will have the opportunity to share the SolvBTC grand prize of up to 300,000 US dollars.

🔹Event time:
From 00:00:00 (UTC) on November 14, 2024 to 23:59:59 (UTC) on November 27, 2024.

🔸Reward details:
$300,000 worth of SolvBTC is waiting for you!

🔹How to participate:

1. Visit the Solv event page (click herebinance.com/en/activity/ma…) and click the "Participate Now" button.

2. Log in to your Binance Web3 wallet, click "Earn"-"Simple Yield", then find and click "BTCB"-"Solv" in the popular products.

3. Click the "Stake Now" button. Please enter at least 0.0002 BTCB to stake, then click "Next" and confirm the transaction. Please note that in order to receive the reward, you need to stake at least 0.0002 BTCB. (A little bnb is required as gas)

4. After the transaction is completed, you will see a pop-up window with the transaction details and the newly added "SolvBTC" token in your wallet.

🟣Special reminder: Be sure to activate the Solv points system. This is the only way to successfully receive the reward.

IoTeX Leads the DePIN Ecological Wave 🔥 The New Super Ecological Season is Hotly Launched 🔥 Giving Away 10 Million USD 🔥

IoTeX officially launches a three-month Super Ecological Season for DePIN, joining forces with OKX and Gate Wallet to create an unprecedented celebration of DePIN and DeFi interactions. This event gathers over 20 DePIN projects and 10 DeFi protocols on IoTeX Layer 1, with a total incentive value of up to 10 million USD, bringing rich participation opportunities and generous rewards to global players.

Currently, many influential figures, including Chen Jian and Ni Dadu, are strongly supporting this project, and the excitement is definitely high!

💎 Event Highlights
The event runs from October 30, 2024, to January 29, 2025, providing various participation methods for all kinds of users, meeting different levels of needs:

1⃣ Beginner Players: No cost required, earn BB points daily through simple tasks. Calculated monthly, users can easily earn about 630 IOTX.

2⃣ Ultimate Players: Gain up to 130,000 points through trading volume activities, enjoying returns of up to 3%.

3⃣ Holding Players: Users holding designated trading pairs can earn points daily, with monthly earnings up to 7,800 IOTX and an annualized return rate of up to 90%.

4⃣ High Yield Players: Users who stake IOTX can enjoy an annualized return of 105%.

💎 BB Points Mechanism
Participants' BB points can be used to share the IOTX prize pool. Based on rankings, the top 40% of users will share 50% of the prize pool, while the remaining 60% will evenly split the remaining 50%. At the current exchange rate, 1 point is approximately equal to 0.06 IOTX.

👑 IoTeX's Powerful Advantages
IoTeX has raised 50 million USD and has been deeply involved in the DePIN field for many years, accumulating rich experience. With the current low coin price and a total market value of 450 million USD, there is significant potential for future growth. IoTeX has also formed strategic partnerships with well-known projects such as Polygon and TON to jointly build a cross-chain DePIN ecosystem, further solidifying its leading position in the industry.

⚛️ Upcoming Major Projects
This Super Ecological Season will also welcome the release of several major DePIN projects, such as Grass, Network3, and Nubila. In addition, the new product ioID that IoTeX is about to launch is highly anticipated, which will introduce a token burning mechanism to promote the deflationary effect of IOTX.

🏃 Join IoTeX's DePIN Super Ecological Season now, explore more opportunities, and seize the initiative!

Don't look, it's too cruel

Another big incident has happened, brothers in the crypto circle hurry to move away, definitely don't look, it's a cruel reality. As of now, the total liquidation amount in the last 24 hours has exceeded 7 small targets, still mainly short positions. The top cryptocurrency Bitcoin has reached a new high of 89475 at 7:14 AM, while Ethereum has temporarily adjusted around 3300 due to some locked positions or profit-taking exits.

Musk Plays a Key Role in Trump's Future Team Formation

ABC reports, citing several unnamed sources, that billionaire Elon Musk has become one of the key figures in the formation of Trump's future government. Since the last election, Musk has reportedly been appearing at Mar-a-Lago almost every day, directly influencing Trump's personnel decisions and strategies for his second term. Sources indicate that he participated in two calls between Trump and foreign leaders. During a conversation with Zelensky, Trump even handed the phone to Musk, allowing Musk to personally discuss the situation with the Ukrainian leader. Musk was also involved in a call with Turkish President Erdogan.

U is withdrawn in the morning and the card is frozen in the afternoon. Don’t believe the lies of the liar. A certain Yi sells U. Xiaobai said that he was tricked. He withdrew money in the morning, but found that he could not transfer it out in the afternoon of the same day. The card was frozen by the judiciary. It turned out that during the withdrawal process, the other party said that his card limit was reached and he could only pay with the bank cards of family and friends, and assured you that the funds were safe and frozen. He sent you a bank card for transfer, and the flow and funds have been deposited for a long time. The flow and funds seem to be completely fine, but you have to pay attention. The other party’s bank card is fine, but why is there no exchange account registered? Why is this? This is a routine, a trap. The victim remitted money to you, the victim did not register an exchange account, and the funds did not go to the exchange. As long as you click OK to release the currency, the transaction is completed. When the public security organs investigate the case, the other party will withdraw the currency and run away after T+1. What is left to you is the victim's funds in your card. Your card has been frozen by the judiciary and the public security authorities suspect you of fraud and money laundering. You will face the adverse consequences of refunding and unfreezing. Never believe the scammers' trick of changing numbers or cards.

【Important Dates of the Election】

Information on the timeline of the U.S. presidential election:

Part1. Overview of Election Day Process

November 5, 13:00 Beijing Time (November 5, 00:00 Eastern Time):
- Residents of two towns in New Hampshire are the first to vote.
Starting from November 5, 19:00 Beijing Time (Starting from November 5, 6:00 Eastern Time):
- Polling stations in most states of the U.S. open one after another, marking the official start of the election.
November 6, 8:00-11:00 Beijing Time:
- Polling stations in various states begin to gradually close, and ballot counting gradually starts.

Part2. Closing Times of Polling Stations in Swing States (Beijing Time, November 6)

- Wisconsin: 10:00
- Michigan: 9:00/10:00*
- Georgia: 8:00
- North Carolina: 8:30
- Nevada: 11:00**
- Arizona: 10:00**

(Note: *Michigan has two time zones; the closing time for polling stations in most areas is 9:00, while some are delayed until 10:00. **In Arizona, results start to be reported about an hour after all polling stations close.)

Part3. Election Results or Preliminary Predictions

After 12:00 Beijing Time on November 6 (After 23:00 Eastern Time on November 5):
As the counting results are continuously announced, the election results nationwide will gradually become clear. If the election is close, it may take longer to wait for the final results.

Part4. Important Events After Election Day

November 6 - December 11: States certify election results.
December 17: The electoral college begins formal voting.
January 6, 2025: The U.S. Congress convenes to count and certify the electoral votes.
January 20, 2025: The new U.S. president is officially sworn in.

If the understanding king loses, then I'm finished

This is not what I said, this is what the understanding king's biggest supporter Musk said. @elonmusk Why say this? It's simple, as of the end of last month, Musk has already invested 1.32 small goals or US dollars for the understanding king, even using cash capabilities to interfere with the votes (drawing one million every day), if the understanding king loses, Musk will face multiple charges, and the dogecoin he supports will also be impacted.

Which altcoins will soar after the election? The most directly related altcoins during the election are $MAGA and $kama, which are the exclusive altcoins of the understanding king and Sister Haha, respectively. With Sister Haha temporarily leading, kama has directly had three big green bars starting this month, while the understanding king's MAGA has dropped from the end of last month until now, and Musk's dogecoin is the same. This is the narrative of the altcoin underdogs, influenced by online trends and celebrity endorsements. The underdogs have created many stories of sudden wealth, but I still want to remind everyone to be cautious and not blindly follow the trend.

Today's $BTC market analysis: From the K-line perspective, the 1-hour level is rising, the 4-hour level is rising, the 12-hour level is falling (there has been a stop-fall phenomenon), and the daily level is falling. The intraday resistance level is 70000, and the support level is 67300 US dollars. #Bitcoin

Angle + Pattern = Freedom
Angle + Unusual Pattern = Reset
Angle + Paper Hands = Moderate Prosperity

在什么情况下ETH能雄起？以下三个条件

ETH能不能在BTC启动之后补涨，只需看资金偏爱程度，同时配合链上综合活跃度数据加以印证，基本就能判断个八九不离十。

什么时候才能补涨：

1、ETH的交易所流量对BTC的占比达到50%或以上（目前是35%）。

2、链上活跃地址数一定程度上反映了ETH生态的繁荣，要走出一个持续向上的形态。

3、转账笔数和交易金额要同步放大，尤其是交易金额，是衡量是否有大资金参与的重要依据。

MEME Summary (Please refrain from being harsh, welcome feedback)

1. Don't rush blindly, have your own judgment, look for narratives and trending IPs. Learn to wait; if there’s no opportunity, read books, improve your skills, or play games, balancing work and rest.

2. Stay vigilant with the main channels you are monitoring, set alarms at specific times.
1. Entering low market cap assets can double quickly; find suitable selling points based on 'Three Indicators for Selling';
2. Don't rush to buy upon seeing CA for the first time; wait for a suitable correction (with rare exceptions for hot trends);
3. Continuously optimize new channels (TG, Twitter, Insider).

3. Recent junk market selling points:
1. If it's not a major trend or narrative, and there's no trading volume, you should exit;
2. If it reaches 50%+ or doubles, take out your capital or exit entirely;
3. Understand the previous patterns and situations of this DEV to reference selling points.

4. Collect addresses and tag them: Above 3M or launched by well-known DEV
1. Observe the holdings in the front row; only sell those with no purchase records;
2. Other associated projects that are profitable;
3. For those with significant profits, check the profit situation;
4. For the next new launch, if the above addresses frequently appear, they are likely linked to a scam group; you can refer to previous trading records to find suitable selling points.

5. 'Three Indicators for Selling'
1. Five large green bars appear continuously in the first 5 minutes after opening;
2. Double your initial investment or exit entirely;
3. Sell based on bottleneck theory;
ETH Bottlenecks: 500K, 1M, 3M, 5M, 10M
SOL Bottlenecks: 300K, 500K, 1M

Note: If it's a hot market and super IP, you can dive in.

3 types of people who make money

First, they are very patient, buy at the bottom in the bear market, and then wait until the bull market to sell. Generally, they can make dozens of times, but this kind of operation is rare.

Second, the technical faction of the currency circle, old players, are familiar with new projects and the situation on the chain. Whether it is scalping or new listings, the probability of success is extremely high. I have seen more than 1.7 million dollars in profit from scalping since 2019.

Third, short-wave masters, professional traders, as long as they don’t sleep, they watch the market. This type of people hardly do any long-term or cyclical transactions. They make intraday bands every day according to the market situation.

Mainly spot, eat a period and run, open several orders a day, and have a high hit rate. Even if you encounter a reverse market, because it is not a contract, there is also a split warehouse, there is no pressure.

Tell a story:

This is an unavoidable name in the cryptocurrency circle.

The name 'Brother 480,000' originated because he used his savings of 480,000 from buying a house to purchase 100 bitcoins and started a live thread on Baidu's Bitcoin forum on January 28, 2014.

However, misfortune struck; this live broadcast was ill-timed, and the subsequent negative policies and plummeting coin prices quickly shrank his assets down to only 90,000.

The mockery in the forum and the lack of understanding from his family made Brother 480,000's situation even worse. "Arguing with my mother-in-law, threats of divorce from my wife," gradually became the themes of his live broadcasts.

In early 2016, when Bitcoin warmed up to 3,000 yuan, Brother 480,000 responded to readers, "I sold the coins and bought a house.” This man, who once hoped to buy a house and a new car outright with Bitcoin, lost 180,000 and exited, ultimately missing the madness a year later.

This story is a typical case of falling just before dawn.

Since he made a choice, he had a duty to see it through to the end; exiting midway led to a lifetime of regret.

$btc

October 22nd, Bitcoin Reaches Top, Pullback Space May Reach 20%-30%

📌01 Review of Yesterday

BTC: Yesterday's lowest point 66865, highest point 69566, fluctuation 2700, amplitude 3.8%

ETH: Yesterday's lowest point 2655, highest point 2770, fluctuation 114, amplitude 4.1%

📌02 Today's Analysis

BTC

Bitcoin is currently at 67000, from a macro perspective, it is at the top position, and will enter a pullback phase. The large pullback period is divided into two time segments: one reaching around 55000 in December and the other reaching around 45000 in January!

On a micro short-term basis, if it holds the support around 67000, it may look up to 69000 again. If it breaks below 66500, the trend will be bearish, with the first target at 62500.

Short-term resistance for Bitcoin: 68200

Short-term support for Bitcoin: 66500

ETH

Ethereum is currently at 2630, with important support at 2620. If it cannot hold the support, it means the W bottom pattern is invalid, and we will continue to look down at the two support levels of 2530 and 2460. If there is a strong rebound at this level, the upper target can be 2800!

Short-term resistance for Ethereum: 2800

Short-term support for Ethereum: 2530 2460

📌03 Article Summary

For those currently holding positions, do not hold against the trend. If it enters a pullback phase, there will be significant downward space. Long-term bullishness can only be expected if Bitcoin breaks through 70000.
$BTC $ETH

When trading cryptocurrency, we should never do three things.

The first thing is to never buy during an uptrend; instead, be greedy when others are fearful, and be fearful when others are greedy. Make it a habit to buy during a downturn.

The second is to never place large orders.

The third is to never go all-in. Being all-in makes you very passive, and this market is never short of opportunities; the opportunity cost of being all-in can be very high.

$BTC $ETH $SOL

[Logical thinking on currency speculation - Thoughts on the "Yi Jianlian" rumor]

Yi Jianlian and Ts. Star + Ts + PC. The keyword conflict is pulled to the extreme, the heat detonates the entire network, the basketball circle begins, breaking the circle to attract passers-by, and producing a breaking circle effect.

This morning, some netizens tried to gain popularity/joke to their friends, and eventually caused widespread dissemination on the entire network. Many plates immediately appeared on the pump, all wanting to take advantage of this round of heat. Now after half a day of fermentation, it has also proved that this matter is a rumor, and it is a very low-level rumor. These messy projects will eventually be forgotten by the crowd.

Many things have heat, and there are corresponding projects. Why didn't they rise in the end? I have the following views on this matter:

1. If the currency price wants to rise, this sudden event means that it is matched or strongly related to the currency circle. Matching the currency circle means that people in the circle will buy it and increase the currency price.

2. The hot disk is likely to be a wave, with many types and a large diversion effect. Even if it rushes, it will form a capital diversion. If there is no strong dealer or a strong background, it is likely to be a wave, so few people are willing to pay for it.

3. Heat does not mean emotion. If there was a similar event before, similar people/media did certain things (such as tweeting, speaking, and taking actions), there has been a similar experience that has produced a wealth effect, which can promote people's fomo and produce better emotions.

This is a very low-level rumor. Why can it still be widely spread in China?

It shows that there are still few people in this world who are willing to delve into it. Most of them are just for fun and eating melons. As for the truth or falsehood of things, it is not so important.

So are there many such people in our currency circle?

Just pursuing a heat, I chase when the currency price rises, and I run when the currency price falls. Have you really analyzed a project and delved into your own trading logic?

Maybe no one cares about the truth or falsehood of things, but the consequences of your own cognition may immediately appear on yourself. . For example, the money in your wallet is getting less and less. .
#YiJianlian#SpeculativeLogic #Cognition